Canadian Solar and Unisun partner Suzlon for India projects

October 20, 2016
Facebook
Twitter
LinkedIn
Reddit
Email
The projects are part of the 210MW of projects won by Suzlon through competitive bidding in Telangana. Credit: Canadian Solar

Silicon Module Super League’ (SMSL) member Canadian Solar has forayed into India’s downstream solar sector by partnering with local firm Suzlon Group to develop two 15MW PV farms in Telangana.

Canadian Solar will acquire a 49% stake in Avighna Solarfarms Limited and Amun Solarfarms Limited, which are both special purpose vehicles (SPVs) created by Suzlon to build the projects.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The manufacturer will also supply its PV modules, arrange project financing and provide technical support to help commission the projects in Ramannapet and Kamareddy by FY2017.

The projects are part of the 210MW of projects won by Suzlon through competitive bidding in the state. These include one project of 100MW, one of 50MW and four projects of 15MW each.

The 30MW involving Canadian Solar have a tariff of INR 5.54/kWh (US$0.083) and a 25-year power purchase agreement (PPA) has been signed with the Telangana Southern Power Distribution Company Limited for the Ramannapet project and with Telangana Northern Power Distribution Company Limited for the Kamareddy project.

Suzlon will commission the plant and provide O&M services for 25 years.

Steve Iyer, vice president, operations, Canadian Solar, said: “These projects mark our first investment in the Indian solar sector and shall contribute to our global pipeline of 2.4GW of projects in late-stage development.”

Canadian Solar recently signed a PPA for a 63MW solar power plant in Aguascalientes, Mexico.

Suzlon and Unisun 15MW in Telangana

In separate news, Shanghai-headquartered developer Unisun Energy Group has also formed a joint venture with Suzlon to work on a 15MW PV project at Bhainsa, Adilabad District, Telangana.

Again, Unisun will acquire a 49% stake in Vayudoot Solarfarms Limited, an SPV set-up by Suzlon.

The off-taker of the Vayudoot project will be the Telangana State Northern Power Distribution Company Limited (TSNPDCL).

Suzlon will commission the project and provide O&M services for 25 years. The project is expected to be commissioned in FY17.

Read Next

October 27, 2025
Waaree Energies has secured four solar module supply contracts totalling 692MW – three for projects in India and one in the US through its subsidiary.
October 27, 2025
Premier Energies has acquired a 51% stake each in transformer maker Transcon and inverter producer KSolare Energy. 
October 16, 2025
Jakson Green and Blueleaf Energy have reached financial close for the 840MWp Bikaner solar projects in Rajasthan, western India. 
October 15, 2025
Wood Mackenzie has warned of a supply bottleneck as the renewable energy shift drives a spike in global copper demand over the next decade.
October 15, 2025
Ciel & Terre has launched a new floating PV structure designed to address the increasingly large scale of floating solar projects.
October 15, 2025
Indian module manufacturer Saatvik Green Energy, through its subsidiary Saatvik Solar Industries, has secured solar PV module orders worth INR6.89 billion (US$78 million).

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 12, 2025
10am PST / 1pm EST
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany